Opera IQ — Accredited Investor Verification
A secure, customizable investor qualification portal for Rule 506(c) offerings. Embed on any webpage or send as a link. Reviewed by a North Capital registered representative — issuers never see investor documents.
506(c) requires verification — not just attestation
When a company raises capital in a Rule 506(c) offering, the SEC requires the issuer take "reasonable steps" to verify accredited investor status. OPERA IQ streamlines that process under broker-dealer safe harbor.
- ✓Issuers see status and timestamps, not raw tax returns
- ✓Regulatory alignment with SEC guidance for 506(c) verification
- ✓Scales via embed, email link, or API for high-volume offerings
- ✓Quick setup — can connect to any webpage
- ✓Easy-to-use admin portal with real-time status updates
Review of IRS forms (W-2, 1099, K-1, 1040) for the past 2 complete years plus reasonable expectation of same income continuing.
Bank/brokerage statements, CDs. Primary residence excluded. Joint net worth with spouse permitted.
Written confirmation from a registered BD, RIA, licensed attorney, or CPA that they have taken reasonable steps and determined accreditation.
Who qualifies as an accredited investor?
Individuals qualify by income ($200K/$300K with spouse) or net worth ($1M+ excluding primary residence). Professional qualifications include holders of Series 7, 65, or 82 licenses. Directors, executive officers, or GPs of the issuer also qualify.
Opera IQ is fast to deploy and easy to administer.